Kirkland Advises GTCR- and Berkshire-Backed Point Broadband on $403 Million Follow-on Fiber Securitization
Kirkland & Ellis advised Point Broadband, a regional broadband provider backed by GTCR and Berkshire Partners, on its second securitization of its fiber network assets.
Point Broadband issued $402.7 million in asset-backed notes from its master trust backed by contributed fiber network assets in thirteen markets. The securitization platform, which Kirkland established in July 2025, provides Point Broadband with a permanent, programmatic capital solution to support continued network expansion across key markets in Alabama, Florida, Georgia, Illinois, Kansas, Maryland, Michigan, New York, Ohio, Tennessee, Texas, Virginia and Wisconsin. Point Broadband has issued more than $1.1 billion in asset-backed notes from its master trust since 2025. The transaction closed on August 5, 2026.
The Kirkland team included structured finance lawyers Kelly Mellecker, John Harrison, Agustin Paniagua, Huan Nguyen, Ed Kellermann, Amer Mohiuddin, Logan Carroll and Suril Patel; debt finance lawyers Olivia George, Negin Fatahi, Leo Robles-Rodriguez and Eric Yu; tax lawyers Richard Husseini, Polina Liberman, Ben Schreiner, David Wheat, Jon Nelsen, Matthew Buono, Jon Herlin and Natalie Packard; investment funds regulatory lawyers Dan Kahl, Phil Giglio and Felix Jen; investment funds ERISA lawyer Joe Lifsics; fintech regulatory lawyer Julie Kunetka; technology & IP transactions lawyers Daisy Darvall, Seth Pritchard and Reilly Townsend; and litigation lawyer Nick Niles.
